U.S. stock futures inched down as investors contemplated the latest comments from Federal Reserve officials.
climbed 0.73%. These gains came after Atlanta Federal Reserve President Raphael Bostic said that he thinks the central bank can keep its interest rate hikes to 25 basis points rather than the half-point increase favored by some other officials.
"If those data reports continue to come in too hot, the policy target range will have to be raised this year even more to ensure that we do not lose the momentum that was in place before the data for January were released," Waller said. "No matter how slow the Fed goes, no matter how much they 'communicate' what they want to do, there is no avoiding the potholes of reversing extraordinary easing," Bleakley Advisory Group chief investment officer Peter Boockvar wrote in a note.
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